Wednesday, August 11, 2021 7:15:53 PM
Been keeping an eye, side eye that is on GAME. It's seemingly entering the channel of $5-7+ trade. There's a lot seemingly going on. There are more shares now 15.3M O/S, there's this new ATM cash machine they opened up today for up to $50M of At the money share sells to generate operating expense flows if need be out till 4/23. And, it seems that there are now options available on the ticker [https://www.optionistics.com/quotes/stock-option-chains/game]
In terms of the stock price, it has still been in a relative decline on the weekly. On the daily it looks like it wants to retest the sub 6 zone, which it seems to touch daily these days. The daily PSAR indicator actually has it in a 4 day uptrend off the previous lows. I'd be a bit worried as the volume tightens up. Saw it went under 100k volume on Fri, and today it touched about 150k. Either the interest is waning, or just less sellers and buyers care for it.
As for the charting...I would say to be capable trader. You have to know charting and particularly certain indicators:
RSI, MACD, Bollinger Bands, MAs, and PSAR. Just knowledge of how to use these indicators [on both daily & weekly] can alter ones odds drastically. Que up vids on youtube, it gets easy with repetition. https://school.stockcharts.com/doku.php ChartSchool!
[Daily v Weekly Below]
Recent GAME News
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Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules • AUVI • Mar 27, 2024 2:51 PM
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NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • KGKG • Mar 26, 2024 8:30 AM